That is also incorrect.
Moisture does not form part of a chemical assay which happens on a dry basis (after the moisture has been driven off in an oven).
Yandi is superior to FMG as the alumina content is lower, which is the reason for better sintering (and pricing). Alumina is a bigger issue for the steel makers than silica.
Frank has confused chemical structure with moisture.
Google goethite and hematite for a proper explanation.
Iron ore price, page-3043
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